Bitcoin BTC price analysis, FOMC 19/03 - FED rate

1 053
Our previous idea for BTCUSDT worked out 10 out of 10
Bitcoin BTC price analysis

Well, let's try to hit it again !)

Yesterday, BTC price showed growth despite the fact that the Fed left the rate unchanged yesterday #FOMC

In short, Powell said that he was "hesitant" to cut the rate now because it is not known how the economy will be affected by the new "economic tariffs and economic wars" that come into effect in early April. In the US, one "grandfather" does not know what to expect from the other "grandfather" ))

Nevertheless, #BTCUSD price has every chance of reaching $94k in the coming days.

And then, I would like to see a decline in BTC.D and USDT.D, which in turn will allow altcoins to "stop collapsing", and some low-liquid ones, which are easier to pump, will show good growth, such as X Empire.

👀 In general, the last 2 months have been: "not about making money, but about surviving and keeping the deposit, even with a drawdown", but the next 3 months may be very much about making money.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.